Obama's approval rating slides to lowest level in two years

Amid his fight with Congress over spending and Obamacare, President Obama’s approval rating has dropped to its lowest level since 2011, according to two new polls.

A Bloomberg National poll found Mr. Obama with a 45 percent job approval, which is the lowest level since September 2011, while Gallup’s latest numbers show him garnering a 44 percent rating, which marks the fourth-straight month he’s shed a percentage point of support.

SEE RELATED:

Gallup said he’s still above the 41 percent support he saw in their survey from August to October 2011.

“Obama has averaged a middling 49 percent job approvalas president,” Gallup said. “His initially high ratings descended to the 50% level by the end of his first year in office, and his ratings were generally in the mid- to high 40s during his second year. His third year bought a brief spike after the U.S. killing of Osama bin Laden in May, but that was followed by a sharp decline later that year after the debt ceiling was raised.”

Most worrisome for Mr. Obama is that he is shedding support among Democrats. While 78 percent support him, that’s down 13 points from after his re-election in 2012.

Republicans also face grim numbers.

The Bloomberg poll found the GOP with a 34 percent positive rating — the worst since the poll began in 2009.